News: Front Section

MetroWest Commercial to conduct online auction August 31st at 11 a.m.

Metrowest Commercial Real Estate, LLC has been authorized by the owner and lender to conduct an online auction of 1001 Worcester Rd., a Rte. 9 office building on August 31st. The online auction will be held from 11 a.m. to 3 p.m. The web site for this live auction is MetrowestCREAuction.com/Route9 The 6,633 s/f free-standing building is located between Mass Pike exits 12 and 13. The minimum bid price at auction is $565,000. You do not have to be registered to watch the bidding. The building will be open for inspection at times to be announced prior to the day of sale. Eric Brosler, president of MetroWest said, "Auctions are quickly proving to be an efficient and effective way to sell commercial property in a market where creating urgency is sometimes challenging." "A number of brokers around the country have had great success with online auctions so we've signed on to help our clients quickly sell their properties at full market value," said Marlene Aron, senior broker of Metrowest.
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How COVID-19 has impacted office leasing - by Noble Allen and John Sokul

How COVID-19 has impacted office leasing - by Noble Allen and John Sokul

To say that the effects of COVID-19 has transformed office leasing is an understatement. When COVID-19 was at its peak, office spaces were practically abandoned either through governmental mandates or through actions taken by businesses themselves.

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Many real estate investors do not understand the specific requirements that must be met to secure the benefits of a tax-deferred 1031 exchange. For example, the replacement property must be identified within 45 days of the closing date of the relinquished property.
Make PR pop by highlighting unique angles - by Stanley Hurwitz

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Five ways to ruin a  Section 1031  Like-Kind Exchange - by Bill Lopriore

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